We are pleased to announce that BLC has just funded a $3,087,000 bridge loan for the purchase of a Multi-Family/Student Housing building in Ohio. The borrower was seeking short-term financing in order to take possession of the property on a short deadline. They will increase occupancy and stabilize the property before working to secure conventional financing as a permanent take-out. This is another example of The BLC Companies knowledge and experience working together with the borrower to provide a smooth, efficient, and beneficial financing package.